The massive potential of Internet of Things (IoT) to stoke convergence and collaboration worldwide is being curtailed by the lack of data security and interoperability among devices and objects. Acknowledging this hurdle, various institutes and organisations in key sectors are striving to frame standards for privacy policies regarding the sharing of information over the Internet.
New analysis from Frost & Sullivan, Internet of Things (IoT) – Disruptive Opportunities in Key Sectors, finds that several standardisation bodies from Europe and the United States are working towards addressing the issue of device interoperability and standard privacy policies.
Some examples of initiatives include:
- a separate committee formed by the European Telecommunications Standard Institute (ETSI) to focus on Machine2Machine (M2M) communication privacy standardisation
- a global alliance of automobile companies and technology partners, ‘Open Automotive Alliance’, that is working to establish a standard Android platform for communication between mobiles and vehicles
- a unified gateway
At this point, it is industry making the concerted efforts to envision the future of a world connected across sectors. For true realisation of this vision, public authorities must also get involved in the framing of IoT privacy and connectivity policies.